medicine

Serbia’s Pharmaceutical Sector Nears €1 Billion Export Mark

Serbia’s pharmaceutical industry is gaining importance within higher-value manufacturing, with pharmaceutical exports approaching €1 billion and domestic turnover from medicines and medical devices exceeding €2.2 billion. Pharmaceutical exports rose 30.2% in 2025, bringing the sector close to the €1 billion threshold and accounting for around 2.8% of Serbia’s total goods exports, according to industry data reported by Nova Ekonomija. The sector combines a sizeable domestic market with strong export activity, investment in production equipment and a relatively high level of…